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@techreport{NBERw4105,
title = "Output Fluctuations at the Plant Level",
author = "Timothy F. Bresnahan and Valerie A. Ramey",
institution = "National Bureau of Economic Research",
type = "Working Paper",
series = "Working Paper Series",
number = "4105",
year = "1992",
month = "June",
doi = {10.3386/w4105},
URL = "http://www.nber.org/papers/w4105",
abstract = {This paper studies weekly output fluctuations from 1972 to 1983 at fifty final assembly plants in the U.S. automobile industry. The study makes use of a new data set that contains detailed information on plant operations. The main findings of the paper are: (1) Even at the simplest fabrication and assembly plant, there are a variety of margins on which production quantities are adjusted; (2) The production adjustment margins appear to have very different dynamic characteristics; and (3) The analysis of plant level data can lead to conclusions that are dramatically different from those reached using aggregated data, even though the data are driven by industry-wide shocks.},
}